Mic check?

Since the recent destruction (i swear it wasnt on purpose) of my vocal mic, I decided that my next mic should be A. Higher Quality, B. Still under $70, and C. a good condenser that i can also use to mic my cab.

If anyone could help me out in finding a good mic, thatd be great. Im currently looking at a Shure PG57 Cardiod Condenser Mic for $50-60.

PG-57 is not a condensor. It is the entry level version of Shure's much better and fully trusted dynamic SM-57. SM-57 is great for all around mic'ing, but not quite a bass cab mic, though you could use it, successfully even.

Bass cabs are best mic'd with something like what you would use to mic a kick drum. As long as it's made to handle the SPLs that a kick drum puts out, you should be good to go (especially in the long run). These can get expensive, but some are to be had for cheaper. No, you won't get a name like Shure, but you'll have something that works. Would it be better than going with an SM-57? Ehh, probably the same if not you'll do better with just going with the suggested SM-57.

SM-57s can be had for about $80 or so online, almost the same at stores, and for a bit cheaper used, but buying mics used...ehh, maybe only from someone I trusted. You never know...

I am the most budget minded person out there. But there is a difference between something that is inexpensive and something that is VALUE-PRICED. Investing the extra $10-$20 on a mic that'll last you many, many years and as versatile as an SM-57 is (you can use it for practically ANYTHING), now THAT is both a value and a bargain. You won't even remember $10-$20 in a week.

+1 on SM-57. It's worth the extra $15-20 over your budget (around $80 - 90 new at most music shops). Or get one off ebay for like $50 -- they're damn-near indestructible, so it's unlikely you'll get a dud.

You definitely don't want a condenser of any flavor for miking a bass cab; can't handle the SPL.

FWIW: To really mic a bass cab effectively you need (as prescribed by others) something more like a kick drum mic -- an AKG D112, a Shure Beta 52, an Audix D6, etc.
I personally like the Audio Technica ATM-25 (NOT the PRO-25) for kick drum and bass cab miking.